As of next year, the wealth tax in Andalucia will cease to exist after the regional government’s decision to offer residents and non-residents 100% exemption from the tax. The measure comes into effect in 2023 and will release around 16,700 taxpayers from their obligations. Second region in Spain to abolish tax With the latest exemption,… [Read more…]
On the back of unprecedented demand from Spanish and foreign buyers, property on the Costa del Sol continues to experience price hikes. No type of real estate is immune to the rise in values, and all sectors have seen sharp upticks over the last two years. Luxury property in Marbella is no exception and the… [Read more…]
If you follow the Realista blog regularly, you’ll know that the Spanish property market ended 2021 on a high. The sector was particularly busy on the Costa del Sol, where 91 properties changed hands every day last year. But how would the market perform in 2022? The answers, at least for the first three months,… [Read more…]
The western Costa del Sol has long been a honeypot for buyers keen to invest in prime property. The so-called Golden Triangle, comprised of Marbella, Estepona and Benahavis, stands at the forefront in the market where activity levels have heightened since early 2020. As a result, luxury real estate on the Costa del Sol is more popular… [Read more…]
Over the last ten years, the Malaga property market has mirrored real estate in Spain. The decade has been something of a rollercoaster, shifting from significant drops in prices and low sales to economic recovery and finally to the arrival of a pandemic. In short, a complete turn of the property cycle with fits and… [Read more…]
Demand for new-build homes has never been higher – not for nothing, did prices rise by 13.6% in 2021. There’s also a shortage of building land so it’s no surprise to discover that new developments on the Costa del Sol are highly sought-after. Particularly those in prime locations and offering top quality construction and finishes…. [Read more…]
As our blog followers well know, last year was a particularly busy one for sales on the Costa del Sol. The latest statistics from the Notaries Association show that there were record sales of the property in Spain in 2021, confirming the countrywide. Not only did transactions go through the ceiling, but prices soared too, as did… [Read more…]
If you follow the Marbella property market, you’ll be familiar with the most prestigious locations such as Sierra Blanca and the Golden Mile. However, you might not have heard of one of the latest up-and-coming places to buy property: La Cerquilla in Nueva Andalucia. Over the last few months, this enclave has become one of the top choices… [Read more…]
As many of us who work in the real estate sector on the Costa del Sol know, last year was a bumper one for new builds. And the latest figures from the provincial Architects Association confirms this fact – new-build completion on the Costa del Sol skyrocketed by 22.5%. In addition, new licence applications went… [Read more…]
Benahavis property turns out to be the most expensive in Spain for yet another quarter. Recent research by the real estate portal Idealista finds that homes in this part of the Costa del Sol top the national rankings by a considerable margin. And locations on the Costa del Sol take eight positions in the top… [Read more…]
Next in our series of why buy property in specific parts of the western Costa del Sol, we turn our attention to the most luxurious postcode in the area: The Golden Mile. This 2km stretch between Puerto Banus and central Marbella ranks as one of the most high-end places on the Costa del Sol and… [Read more…]
As regular followers of the Realista blog know, we’re keen on looking ahead. This forward vision allows us to stay on top of trends in the property market and keep our finger on the local buzzer. In this blog post, we take a look at what’s new in the western Costa del Sol in 2022, specifically… [Read more…]
